Compensation's Role in Strategy: Elevating the Discussion and Expanding the View

Pearl Meyer is a strategic content partner for the National Association of Corporate Directors (NACD). Pearl Meyer is a key contributor each year to the annual NACD Governance Challenges Report. This article was originally published in the 2015 report. 

How can compensation committees create better alignment between corporate strategy and compensation programs to drive long-term value for the organization and move beyond today’s good governance standards?

This article outlines numerous actionable opportunities to use compensation as a strategic tool. It also illustrates how leadership and culture can positively influence business strategy and drive long-term value creation.